TREE NEWS reports: Sharpa, a company likely involved in AI or data services, has secured over 4.5 billion yuan (approximately $630 million) in funding at a valuation of 22 billion yuan (around $3 billion). The round includes participation from major investors such as Alibaba and Tencent, signaling strong confidence in the company’s growth prospects.
TREE NEWS update: California’s legislature has passed a bill targeting meme coins, prohibiting public officials from issuing them and barring such tokens from being listed for state residents. The bill now awaits the governor’s signature to become law.
TREE NEWS reports: Visa has partnered with Dunamu, the parent company of crypto exchange Upbit, to explore stablecoin payments and remittances. Among the projects under review is Open Standard’s proposed OUSD stablecoin, as part of a broader initiative to integrate digital currencies into mainstream commerce and AI-driven transactions.
TREE NEWS update: Arthur Hayes analyzes that with Bitcoin trading sideways, Strategy (formerly MicroStrategy) faces three options: issuing more shares, selling Bitcoin, or cutting dividends. He suggests these choices reflect the company’s strategy to maintain its Bitcoin position amid market stagnation.
TREE NEWS reports: Bitcoin surged to a record weekly gain of $14,775 last week, hitting $77,593, before pulling back to around $80K. US spot Bitcoin ETFs saw $2.8B inflows over eight days, but on-chain data shows a dense supply wall at $80K-$82K, making this a key resistance zone. Institutions like K33 and Bitwise see bullish signs, while CoinShares expects range-bound trading in the near term.
TREE NEWS reports: IREN’s FY2026 Q4 revenue slightly beat estimates at $137.2M, but net loss of $684M far exceeded expectations due to non-cash impairments from exiting Bitcoin mining. AI cloud services revenue hit 51% of total, first time surpassing mining, with contracted ARR raised to $4B and operational ARR doubled to $1B. Adjusted EBITDA remained thin at $19.2M, highlighting margin pressure during transition.
TREE NEWS update: Binance Futures will list TEMUSDT, MRKUSDT, IONQUSDT, MARAUSDT, and PDDUSDT perpetual contracts starting August 28, 2026, with up to 20x leverage. These contracts support 7×24 trading, minimum order size of 0.01 coins, and funding rate settlement every 8 hours.
TREE NEWS reports: CoinGecko’s 2026 report reveals over $3.63 billion lost to crypto exploits since 2025, with top 10 attacks accounting for 72.5% of losses. Centralized exchanges are most vulnerable to private key leaks, while DEXs face smart contract vulnerabilities, and most attacks exploit gaps beyond traditional audits. Effective insurance coverage has dropped 20.2% to $130.2 million, prompting CEXs to launch protection funds.
TREE NEWS reports: A Polymarket account that has lost over $500K bought $52K worth of shares on NIP defeating EDG in the LPL Knight’s Path event at an average price of 82.3 cents. The account also holds nearly $10K on NIP winning Game 2. The BO5 match started on August 28 at 14:00, with NIP currently leading 1-0.
TREE NEWS update: SenseTime’s large model infrastructure (SenseCore) is supplying domestic computing power and token services for Zhipu AI’s GLM-5.3-Flash model. This collaboration highlights the integration of AI and blockchain tokenization in China’s AI ecosystem.
TREE NEWS update: Upbit will end trading support for Synthetix SNX/BTC pair on September 28 at 14:00 KST. Users must withdraw their assets by October 28, after which no further processing will be possible.
TREE NEWS reports: Capital B has completed a €21 million private placement with participation from Adam Back and TOBAM. The funding will support its initiatives in the crypto and blockchain space.
TREE NEWS update: French bitcoin treasury company Capital B raised €21M via a private placement of warrants, with participation from Adam Back and TOBAM. The funds will be used to acquire about 270 BTC, increasing its holdings to approximately 3,415 BTC.
TREE NEWS update: Coinbase’s US500 index perpetual contract, launched a week ago, has seen its 24-hour trading volume exceed $100 million. The product tracks the S&P 500 and marks Coinbase’s expansion into tokenized traditional assets.
TREE NEWS reports: 0xbow.io has issued a $5,000 bounty to researcher ross.wei for their contributions. This recognition highlights the platform’s commitment to supporting security research and community engagement.
TREE NEWS reports: Samsung is developing a custom NVHBM for Nvidia, advancing 8-layer high-speed HBM4E memory technology. This move aims to strengthen its position in the AI semiconductor market.
TREE NEWS update: Solana’s first on-chain governance vote concluded, with three proposals that could restructure tokenomics, potentially increasing daily SOL burn by ~14x. If passed, annual issuance would decline faster, but institutional opposition and validator self-interest pose challenges. The outcome will test Solana’s ability to convert network usage into token value.
TREE NEWS update: Gate’s gStocks tokenized equities saw multiple assets rally, with MSTRG (MicroStrategy) rising over 11% to lead gains. This reflects growing interest in tokenized stocks on crypto platforms.
TREE NEWS update: Data shows that if Bitcoin falls below $75,864, cumulative long liquidation intensity on major centralized exchanges could reach $1.979 billion. This highlights potential market volatility and risk of cascading liquidations.
TREE NEWS reports: The Sandbox has announced plans to reimburse users on a 1:1 basis after a bridge vulnerability led to the theft of approximately $700,000 worth of SAND tokens. The exploit targeted the platform’s bridge, prompting the team to assure affected users of full compensation while investigating the incident.
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